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Question Is it ok to open a savings account during the bankruptcy period?

Member
Oct 13, 2020
16
NM
Occupation
Engineer
Is one allowed to save money during the period that s/he has declared bankruptcy?
 
Member
Oct 13, 2020
13
Definitely yes, it is very ok. Once you have declared bankruptcy, it means your status has already been assessed, therefore, you can do as you please with your money.
 
Member
Oct 13, 2020
14
Well, some banks will allow you to open a savings account, but some will not. Consider some micro-financial institutions that will not dig so much into your status.
 
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